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Broadcom Q4 Revenue Outlook Misses Analyst Estimates

Bloomberg ·

AVGO Broadcom Inc
$367.81 -0.51%
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  1. 1Broadcom issued fourth-quarter revenue guidance that fell short of the average analyst estimate.
  2. 2The company projected revenue of $34.8 billion through October, versus a market consensus of $35.1 billion.
  3. 3Signaling that monetization of the AI boom is slower than some expected, shares fell about 4% in after-hours trading.

This 3-line summary is compiled from the report below.

Bloomberg View original ↗

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